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US Senate Confirms Brouillette As Energy Secretary

2019-12-03 02:47:47| OGI

The U.S. Senate on Dec. 2 confirmed Dan Brouillette, a former top lobbyist for Ford Motor Co who believes fossil fuels will power a large part of world energy needs for many decades, as President Donald Trump's second energy secretary.

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Orange Bank moves into lending market, confirms expansion in Africa

2019-11-18 08:24:00| Telecompaper Headlines

(Telecompaper) Orange Bank has celebrated two years in business with a presentation on its recent and future projects. Since its French launch in November 2017, the company has developed several new services and has recently introduced personal loans offered to Orange mobile customers buying a smartphone and other devices. Available since October, these over-the-counter loans have been taken out by 5,000 people since their launch a month ago. By the end of the year, the Orange subsidiary will start financing property purchases in collaboration with Nexity, a real estate services platform that Stephane Richard founded with other partners nearly 20 years ago.

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Rostelecom confirms acquisition of 100% in Tele2 Russia

2019-11-14 14:58:00| Telecompaper Headlines

(Telecompaper) Russian national operator Rostelecom announced that its management board has approved the acquisition of the remaining 55 percent in the mobile operator Tele2 Russia. The deal will enable the operators to join infrastructure and resources for 5G development in the country. Around 70 percent of the purchase price will be paid through share swaps. 

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Softbank confirms talks on Line takeover

2019-11-14 09:33:00| Telecompaper Headlines

(Telecompaper) Japanese operator Softbank confirmed it is considering a merger of its internet services unit Z Holdings with the messaging app Line. SoftBank said it is in discussions "regarding various possibilities, including such a merger". Line issued a similar statement, saying no decision had been taken yet. 

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Adidas on course for "record" year, confirms FY

2019-11-06 15:30:00| Daily apparel & textile news and comment - from just-style.com

German sporting goods giant Adidas has inked a deal with International Space Station (ISS) US National Laboratory to explore production innovation and sustainability, and says it is on track for "another record year."

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